Graphics Processing Unit (GPU): Dominates the market with 45–50% share in 2026 due to parallel processing strengths required for training large-scale AI models and generative AI (e.g., NVIDIA H100 and Blackwell B200 series). Application-Specific Integrated Circuit (ASIC): Projected to register the highest CAGR of 28% through 2040 as major hyperscalers build proprietary chips (like Google TPU v5, Amazon Trainium 2, and Apple Neural Engine) to reduce reliance on GPUs. Other Segments: Central Processing Units (CPUs), Field Programmable Gate Arrays (FPGAs), and others.
